Toronto has enacted a citywide charge of 5 cents per plastic bag, calling it a fee, as reported in The Star. A similar measure failed in New York City because it was deemed a tax, which the city’s administration cannot enact without legislative approval…

Every recession is a critical test of an economy’s resilience and flexibility, both in terms of purely operational linkages and more importantly in terms of political tolerance for change. We often hear politicians claim the rhetorical mantle of change…

I always thought the view that the private sector is full of greed and self-interest, while the public sector is all about selflessness and public service, was confined to 1950s civics books. But lo and behold, it turns out that view is still held by federal appointees interviewed by NPR…

The gut reaction to the current financial crisis is that we need more and better regulation. Few understand that regulation is part of the problem and not its solution. The solution lies in identifying its fundamental causes…

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